I have been writing columns in newspapers for over 10 years and in that time two things have not changed. Firstly my hair has not grown back and secondly people are still surprised when scandals appear. In the last month we have seen both Lord Triesman and Sarah Ferguson caught saying things they really shouldn’t, in Fergies case blaming it on a “lapse of judgement”. My lapses of judgement normally involve a hangover the next day, not asking for half a million pounds but there you go. Both cases got me thinking about privacy, how we view it, and in most cases don’t.
Ten years ago I was writing about how you should be careful about what you put in an email as they can easily be sent round not just the office, but in a few famous cases, the world. That now seems obvious and since then technology has moved on and so has our use of it. First came mobile phones and illicit text messages and then social media. Suddenly various elements of the media found it easy to get their hands on dubious pictures of celebrities as they have been dumb enough to put them on their profile pages. Now we have MP’s being warned about what they write in their Twitter accounts especially when written from the bath. I would hope that was not just a lecture about letting people know that but also the dangers of mixing electricity and water.
Social media now is not just a fad it is mainstream. Facebook has over half a billion registered users world wide. The largest played game in the world is not Call of Duty but the Facebook farm game which says a lot for the human race. In March in the UK Facebook generated over 30% of all the ad impressions delivered that’s 20.9 billion ad impressions.
So that’s a lot of people sharing everything from what they are doing, to photos of themselves doing it, to even reviews of what they like. You don’t of course just share that with your friends but also people like me if you have not changed your privacy settings. Facebook recently launched Facebook connect. If a Facebook user clicks on a Facebook connect button on a site to say they like it, the brand owner then can access that person’s info. I was at a conference two weeks ago where I was shown how in two clicks to tell me from those who had clicked how I could find out how many single female cat owners liked my brand, where they lived and how to contact them. That is unless they change their privacy settings. As Facebooks privacy settings are currently longer than the US constitution you can see why people have not bothered but that is about to change.
Facebook is under pressure to simplify its settings as users want to have more privacy. A telling fact is that a group of 4 students in America tried to raise $10k to build a more privacy centric social media site and raised $200k in a week to do so. As a final point I asked some of the younger members of my team about how they view their online privacy and the response was “that’s just the way it is”. It looks like I will be writing the same column in another 10 years time.
Tim Youngman is head of digital marketing for Archant
This blog contains all my media, marketing and digital columns written for the Eastern Daily Press newspaper, the biggest selling regional morning newspaper in England. I hope you enjoy.
Friday, 4 June 2010
world cup fever
You would think that despite the freezing May weather we could all look forward to a quiet summer punctuated by wet barbeques and Wimbledon disappointed. However you would be wrong.
No, a very busy summer is just round the corner, or June 11th to be precise and the clues are there already. Just like the first sight of a Cadburys Creme Egg means that Christmas is over, the first England flag, hat, clapper, baby grow, any piece of tat that can take branding, means that the World Cup is on its way.
So just when you thought you could sit back and watch your normal shows without volcano updates or party political broadcasts changing the schedule, a summer of football will once again change all that. I for one cannot wait.
This year, according to one projection from Nielsen, over half the globe will be watching the events from South Africa. That massive audience means a very busy summer for any business that can spin a link to the World Cup. The British Retail Consortium estimated that the last World Cup benefitted UK retailers to the tune of £1bn and 4 years on with the recession fresh in the mind that uplift is sorely needed.
The ads are starting to appear on our televisions ranging vastly in quality with my personal favourite definitely being the Sony TV trade in ad. Many brands have been planning for this for a long time to maximise the World Cup effect. Walkers have created 15 new flavours for people to vote on and don’t think they just rushed this through, this is years of planning coming to fruition.
The World Cup has 6 official sponsors including two you’ll probably have not heard of Budweiser, Castrol, Continental Tyres, McDonald’s, MTN Wireless and Satyam. They have spent many many millions just on the sponsorship and that is without any additional spend on advertising and creation of support materials. They are matched by six other official FIFA sponsors, but they are just twelve in a world wide rush to cash in on a world watching 32 teams play football.
The World Cup is now a massive business creating billions of additional spend around the world. Google “world cup ad spend” and you can read stories from across the globe ranging from the effect on lager sales in Holland to a predicted 20% increase in ad spend in Guatemala.
I for one will be glued to the TV watching every game possible. However if you are not a fan unfortunately you will not be able to escape this years World Cup, it will be everywhere in the next couple of weeks. So please sit back and think of the positive effect on the economy, it will soon be Christmas.
Tim Youngman is head of digital marketing for Archant
No, a very busy summer is just round the corner, or June 11th to be precise and the clues are there already. Just like the first sight of a Cadburys Creme Egg means that Christmas is over, the first England flag, hat, clapper, baby grow, any piece of tat that can take branding, means that the World Cup is on its way.
So just when you thought you could sit back and watch your normal shows without volcano updates or party political broadcasts changing the schedule, a summer of football will once again change all that. I for one cannot wait.
This year, according to one projection from Nielsen, over half the globe will be watching the events from South Africa. That massive audience means a very busy summer for any business that can spin a link to the World Cup. The British Retail Consortium estimated that the last World Cup benefitted UK retailers to the tune of £1bn and 4 years on with the recession fresh in the mind that uplift is sorely needed.
The ads are starting to appear on our televisions ranging vastly in quality with my personal favourite definitely being the Sony TV trade in ad. Many brands have been planning for this for a long time to maximise the World Cup effect. Walkers have created 15 new flavours for people to vote on and don’t think they just rushed this through, this is years of planning coming to fruition.
The World Cup has 6 official sponsors including two you’ll probably have not heard of Budweiser, Castrol, Continental Tyres, McDonald’s, MTN Wireless and Satyam. They have spent many many millions just on the sponsorship and that is without any additional spend on advertising and creation of support materials. They are matched by six other official FIFA sponsors, but they are just twelve in a world wide rush to cash in on a world watching 32 teams play football.
The World Cup is now a massive business creating billions of additional spend around the world. Google “world cup ad spend” and you can read stories from across the globe ranging from the effect on lager sales in Holland to a predicted 20% increase in ad spend in Guatemala.
I for one will be glued to the TV watching every game possible. However if you are not a fan unfortunately you will not be able to escape this years World Cup, it will be everywhere in the next couple of weeks. So please sit back and think of the positive effect on the economy, it will soon be Christmas.
Tim Youngman is head of digital marketing for Archant
Wednesday, 14 April 2010
General Election Digital Fever
We all knew it was coming, but it has finally arrived, the biggest thing in media this month is the impending general election. When Mr Brown stood outside Number 10 announcing May 6th, media plans that have been in place for over a year were put into motion. So now we are off in the roller coaster of coverage that that will dominate all the media channels for the next month.
Over the next few weeks we will see many firsts in British politics. Probably the biggest of these in terms of audience will be the televised debates on Sky, BBC and ITV between the potential leaders. However if the successful Obama campaign in the US is to be believed, it will be the digital activity by the parties that will have potentially the biggest impact.
Since the last election our ability to access information and share with people, both friends and strangers, has changed dramatically. Direct mail from the parties used to be just leaflets and, at the last couple of elections, some emails, and this will of course continue. My recycling bin heaved at the last by-election for Norwich North with seemingly half of Thetford Forest being used to bombard me with leaflets from all parties on a daily basis. I suspect many in marginal constituencies around the country will suffer a similar fate over the next month.
This general election however will see all the parties using every digital channel they can from personal blogs and websites to Youtube videos, from Facebook campaigns to Twitter updates. We the hapless media of course are lapping this all up, Anglia TV has even given one of its reporters the lovely task of following all the local candidates digital output.
All these new digital tools can be seen as creating a new way for candidates to communicate with potential voters. Likewise they can also be a great way for potential voters to get greater access to candidates and parties to find out why they should vote for them. However there is always the danger of trying to be too cool for school and failing. David Cameron famously said “Politicians do have to think about what we say and the problem with Twitter, the instantness of it, I think that too many tweets might make a t***”. Unfortunately for the now ex Labour candidate for Moray Stuart MacLennan he clearly was not paying any attention to that. Although despite the Conservative leaders quite rightly apprehension regarding potential problems with Twitter, it is still widely used by his candidates, including a feed from Millbank HQ itself, although one would suspect a more closely monitored one than before.
Whatever the outcome on May 6th, this general election will be the closest, probably the most exciting and certainly the most covered and analysed, whether in column inches, airtime minutes or web pages. Compared with 20 years ago this election will give the voting public many more ways to find out what they need to choose which way to vote, a great many of these coming through new, digital routes. If this encourages more people to vote in an informed way that can only be a good thing.
Tim Youngman is head of digital marketing for Archant
Over the next few weeks we will see many firsts in British politics. Probably the biggest of these in terms of audience will be the televised debates on Sky, BBC and ITV between the potential leaders. However if the successful Obama campaign in the US is to be believed, it will be the digital activity by the parties that will have potentially the biggest impact.
Since the last election our ability to access information and share with people, both friends and strangers, has changed dramatically. Direct mail from the parties used to be just leaflets and, at the last couple of elections, some emails, and this will of course continue. My recycling bin heaved at the last by-election for Norwich North with seemingly half of Thetford Forest being used to bombard me with leaflets from all parties on a daily basis. I suspect many in marginal constituencies around the country will suffer a similar fate over the next month.
This general election however will see all the parties using every digital channel they can from personal blogs and websites to Youtube videos, from Facebook campaigns to Twitter updates. We the hapless media of course are lapping this all up, Anglia TV has even given one of its reporters the lovely task of following all the local candidates digital output.
All these new digital tools can be seen as creating a new way for candidates to communicate with potential voters. Likewise they can also be a great way for potential voters to get greater access to candidates and parties to find out why they should vote for them. However there is always the danger of trying to be too cool for school and failing. David Cameron famously said “Politicians do have to think about what we say and the problem with Twitter, the instantness of it, I think that too many tweets might make a t***”. Unfortunately for the now ex Labour candidate for Moray Stuart MacLennan he clearly was not paying any attention to that. Although despite the Conservative leaders quite rightly apprehension regarding potential problems with Twitter, it is still widely used by his candidates, including a feed from Millbank HQ itself, although one would suspect a more closely monitored one than before.
Whatever the outcome on May 6th, this general election will be the closest, probably the most exciting and certainly the most covered and analysed, whether in column inches, airtime minutes or web pages. Compared with 20 years ago this election will give the voting public many more ways to find out what they need to choose which way to vote, a great many of these coming through new, digital routes. If this encourages more people to vote in an informed way that can only be a good thing.
Tim Youngman is head of digital marketing for Archant
Friday, 19 March 2010
BBC Cutbacks and the demise of 6Music et al
There have been many televisual highlights in the month since my last column but none as sweet as the sight of Mark Thompson, BBC Director General, being grilled by Jeremy Paxman on Newsnight. I might have been wrong but within the usual laconic look that Paxman adorns while tearing strips from his interviewees I felt there was a definite backdrop of enjoyment to this interview. Mark Thompson was there to be interviewed regarding the results of the recent BBC strategic review which concluded that severe costs need to be stripped from its operations.
The proposed cull is wide and varied and across all the Beeb’s current media output. It includes the potential closure of the digital radio stations 6 Music and Asian Network. Some of the teenage output will be closed as well as spend on buying in overseas shows such as Heroes. The big hit is to its online division where web output could be halved, backed by a 25% cut in staff numbers. The web operation's £112m budget, yes you did read that right, will also be cut by 25%. It was not all cuts though with additional investment earmarked for BBC2.
Importantly for the Regional press, Thomson also announced that its local websites will be refocused to carry only news, sport, weather, travel and "local knowledge content". He also stated a commitment to never to increase the BBC's number of local services on television, radio and online or to make any existing services more local.
For many years now dear old Aunty has walked a fine line between King Canute and Emperor Augustus. On one hand it has tried to hold back the tide of media expansion from other channels against its position. On the other, expanding hell for leather in all ways especially digital, both radio and web. When your annual spend budget is over £3bn, i.e. the amount of money they get from our license fees, they have been able to do that quite happily. Now in these recession times with a general election in a couple of months and a need to reposition for the “how can you justify the license fee” debate, they have to be seen to be doing something.
By announcing the results of this review, like Hadrian with his wall, the beeb has effectively stated that the expansion era is over and it will now work within defined boundaries. However in doing this it has created a backlash and debate about what the role and output should be of a public service broadcaster. This has not just come from the usual media columns but from the public as well. The most interesting reading has been the comments left on websites against stories linked to the cuts. Time and time again the question comes up as to what is the license fee for. This review on cost and focus was a starting point to answering that question but the wrath it has unleashed would indicate they have a lot more explaining to do.
The proposed cull is wide and varied and across all the Beeb’s current media output. It includes the potential closure of the digital radio stations 6 Music and Asian Network. Some of the teenage output will be closed as well as spend on buying in overseas shows such as Heroes. The big hit is to its online division where web output could be halved, backed by a 25% cut in staff numbers. The web operation's £112m budget, yes you did read that right, will also be cut by 25%. It was not all cuts though with additional investment earmarked for BBC2.
Importantly for the Regional press, Thomson also announced that its local websites will be refocused to carry only news, sport, weather, travel and "local knowledge content". He also stated a commitment to never to increase the BBC's number of local services on television, radio and online or to make any existing services more local.
For many years now dear old Aunty has walked a fine line between King Canute and Emperor Augustus. On one hand it has tried to hold back the tide of media expansion from other channels against its position. On the other, expanding hell for leather in all ways especially digital, both radio and web. When your annual spend budget is over £3bn, i.e. the amount of money they get from our license fees, they have been able to do that quite happily. Now in these recession times with a general election in a couple of months and a need to reposition for the “how can you justify the license fee” debate, they have to be seen to be doing something.
By announcing the results of this review, like Hadrian with his wall, the beeb has effectively stated that the expansion era is over and it will now work within defined boundaries. However in doing this it has created a backlash and debate about what the role and output should be of a public service broadcaster. This has not just come from the usual media columns but from the public as well. The most interesting reading has been the comments left on websites against stories linked to the cuts. Time and time again the question comes up as to what is the license fee for. This review on cost and focus was a starting point to answering that question but the wrath it has unleashed would indicate they have a lot more explaining to do.
Thursday, 18 February 2010
The iPad - a masterclass in PR
There’s hype, there’s big hype and then there was the launch of the iPad. The new piece of must have technology from Apple was launched with massive worldwide media coverage. Every newspaper covered its launch; it had worldwide prime time news coverage. The internet went into meltdown not only on news sites but the blogosphere and social sites also went mad.
I could spend this column talking about what it does and bemoaning the fact that something that is primarily designed to access the web does not support Flash. That’s actually because Apple and Adobe are currently in the middle of a handbags at dawn fight. However if you sit back and look at all this coverage you have to reflect that its quite a lot for something that can double as a touch sensitive tea tray.
Apple got all this coverage for a number of reasons, the biggest being that its last few launches have radically changed the markets they targeted. Think what the iPod has done for the music industry and the iPhone to the mobile market. Apple also benefits from a customer base who loves their products. Talk to an Apple user and most will eulogise about the product they have, they are real brand advocates. This passion comes from a focus on the design and ease of use of the product, Apple truly focuses on how people will use its products. It also designs them so they are items of desire not just bits of kit and then markets them as such. Would we all want an iPod or an iPhone if they did not look, well simply cool? No, of course not. There was real hype surrounding this launch because of what the rumours of what this new toy will be and will it have the same effect on using the internet as Apple has had on phones and listening to music.
There were of course other things happening in the world on Jan 27th. Other businesses were trying to survive these troubled times and you have to feel sorry for those who were trying to launch new products on the same day and desperately trying to get some media attention. For example on the same day as the iPad launched, Ultimo launched a new underwear collection fronted by Peaches Geldof. Costa Coffee unfortunately launched its new beverage the flat white (something very familiar to anyone who has travelled around America or Australia) with Peter Andre holding a cup of the stuff. You can insert your own gag on both launches here.
Whether the iPad will live up to the hype remains to be seen but it took three incarnations of the iPhone before everybody got it and wanted one or something like it. I suspect that the iPad will have the same effect in a few years when it seems natural that we sit watching TV surfing the web using something that can double as an expensive chopping board. So do I want one? Of course, but purely for testing our new mobile sites on it, not because it’s cool or anything! So while I wait for the UK launch I will keep listening to music on my iPod while taking calls on the iPhone, perhaps I’ll also have a flat white while I wait.
I could spend this column talking about what it does and bemoaning the fact that something that is primarily designed to access the web does not support Flash. That’s actually because Apple and Adobe are currently in the middle of a handbags at dawn fight. However if you sit back and look at all this coverage you have to reflect that its quite a lot for something that can double as a touch sensitive tea tray.
Apple got all this coverage for a number of reasons, the biggest being that its last few launches have radically changed the markets they targeted. Think what the iPod has done for the music industry and the iPhone to the mobile market. Apple also benefits from a customer base who loves their products. Talk to an Apple user and most will eulogise about the product they have, they are real brand advocates. This passion comes from a focus on the design and ease of use of the product, Apple truly focuses on how people will use its products. It also designs them so they are items of desire not just bits of kit and then markets them as such. Would we all want an iPod or an iPhone if they did not look, well simply cool? No, of course not. There was real hype surrounding this launch because of what the rumours of what this new toy will be and will it have the same effect on using the internet as Apple has had on phones and listening to music.
There were of course other things happening in the world on Jan 27th. Other businesses were trying to survive these troubled times and you have to feel sorry for those who were trying to launch new products on the same day and desperately trying to get some media attention. For example on the same day as the iPad launched, Ultimo launched a new underwear collection fronted by Peaches Geldof. Costa Coffee unfortunately launched its new beverage the flat white (something very familiar to anyone who has travelled around America or Australia) with Peter Andre holding a cup of the stuff. You can insert your own gag on both launches here.
Whether the iPad will live up to the hype remains to be seen but it took three incarnations of the iPhone before everybody got it and wanted one or something like it. I suspect that the iPad will have the same effect in a few years when it seems natural that we sit watching TV surfing the web using something that can double as an expensive chopping board. So do I want one? Of course, but purely for testing our new mobile sites on it, not because it’s cool or anything! So while I wait for the UK launch I will keep listening to music on my iPod while taking calls on the iPhone, perhaps I’ll also have a flat white while I wait.
Thursday, 21 January 2010
New Year Predictions
So here we are dear readers, a new decade starts but this time without all the bangs and whistles of the start of the last 10 years. For my first column of the new decade I thought I would provide you with my own musings on things that may or may not happen in the media 2010.
Let’s start with television and unfortunately this will not be the year that reality television dies. This is the year that will see the mother of reality shows finish in the UK as the last Big Brother will screen over the summer months. BB started out as a genuine genius of a programme idea. An experiment to see how strangers would cope living together for a long time in a confined environment. It is now just a way to get on the front cover of Nuts so will not be missed. However this year the celebrity talent show will continue unabridged.
The big question will be who replaces Jonathan Ross once he leaves the BBC in July. My predictions are for Mark Kermode for Film 2010 and watch this space to see if Chris Evans returns to TV for the chat show. Simon Cowell will continue his dominance having now agreed the deal to take X Factor to the US as both presenter and producer, thus moving him closer to becoming a modern day King Midas. The real story of this year however will be 3D television. Just as you thought you had got your heads around HD TV along comes 3D TV and having seen a set, trust me you will want one.
On the airwaves radio will continue to be dominated by the BBC. It will be interesting to see if whether Radio 1 actually gives Chris Moyles his cards as it is reminded of its remit as a youth music radio station not a speech station. On Radio 2 Chris Evans has allegedly been told he can loose up to a million Wogan diehards but what his audience will be will be the source of many columns in the Daily Mail.
So finally to newspapers. Last year was an annus horribilus for all sectors of the press both national and regional. However throughout last year there were some highs as well as the lows. Yes London lost its two main free evenings but now the Evening Standard is both free and still currently exactly the same quality as the old paid for no one is complaining. We also now have Russian oligarchs owning papers in the way they do Premiership football clubs. So don’t be surprised if Alexander Lebedev extends the Standard empire and buys the Independent.
I am sure that 2010 will bring many twists and turns for the world of media and as consumers you will have more choice and more say on what you choose to consume with the little spare time you have. Oh and lets not forget we have a general election to look forward to as well so I know how much you are all looking forward to all that political advertising. Happy New Year readers.
Let’s start with television and unfortunately this will not be the year that reality television dies. This is the year that will see the mother of reality shows finish in the UK as the last Big Brother will screen over the summer months. BB started out as a genuine genius of a programme idea. An experiment to see how strangers would cope living together for a long time in a confined environment. It is now just a way to get on the front cover of Nuts so will not be missed. However this year the celebrity talent show will continue unabridged.
The big question will be who replaces Jonathan Ross once he leaves the BBC in July. My predictions are for Mark Kermode for Film 2010 and watch this space to see if Chris Evans returns to TV for the chat show. Simon Cowell will continue his dominance having now agreed the deal to take X Factor to the US as both presenter and producer, thus moving him closer to becoming a modern day King Midas. The real story of this year however will be 3D television. Just as you thought you had got your heads around HD TV along comes 3D TV and having seen a set, trust me you will want one.
On the airwaves radio will continue to be dominated by the BBC. It will be interesting to see if whether Radio 1 actually gives Chris Moyles his cards as it is reminded of its remit as a youth music radio station not a speech station. On Radio 2 Chris Evans has allegedly been told he can loose up to a million Wogan diehards but what his audience will be will be the source of many columns in the Daily Mail.
So finally to newspapers. Last year was an annus horribilus for all sectors of the press both national and regional. However throughout last year there were some highs as well as the lows. Yes London lost its two main free evenings but now the Evening Standard is both free and still currently exactly the same quality as the old paid for no one is complaining. We also now have Russian oligarchs owning papers in the way they do Premiership football clubs. So don’t be surprised if Alexander Lebedev extends the Standard empire and buys the Independent.
I am sure that 2010 will bring many twists and turns for the world of media and as consumers you will have more choice and more say on what you choose to consume with the little spare time you have. Oh and lets not forget we have a general election to look forward to as well so I know how much you are all looking forward to all that political advertising. Happy New Year readers.
Friday, 18 December 2009
X Factor, ITV and Simon Cowell
So the winner of the X Factor, Joe McElderry, is now filling the tabloids with headlines and suprisingly fighting this year for the Christmas no 1. However he is not the real winner of the X Factor, no he should not fool himself. On current X Factor run rate he will have as much chance of playing in butlins holiday camps in two years time as he does playing Las Vegas. There are two real winners from this yeas X Factor the first being ITV themselves.
ITV has had a terrible time of it over the last few years. It has seen revenues decline and decline and it took over 7 months to find a new chairman with many drop outs despite an astronomical salary on offer. However its new Chairman, ex Asda boss Archie Norman, must be now looking forward to his Christmas turkey thanks to the success of this year’s X Factor. The reason behind all of this, as with everything, is money and in this case advertising revenue.
The final of the X Factor in the UK this year was expected to generate £20 million of ad revenues for ITV, yes £20 million just for the final. Spot rates for the final were an alleged £250,000. Overall the X Factor is expected to have generated over £100 million for ITV this year.
However whichever way you look at it the overall winner always has been and always will be the man on the end with the waxed chest. Yes the big winner is always Simon Cowell. Cowell’s appearance fee’s alone for the series are estimated around the £5m mark. He is also the major owner of the format and gets paid for that and through his production company Syco he is also paid for production fees. This adds another estimated £2million. So his personal take home from this year’s X Factor is estimated at £7million. However this is small potatoes compared to his US deal where he is lead judge on American Idol. This is a reputed $125 million (£75m) for the next two series.
This of course is just part of the his total incomes, add in Britain’s Got Talent and the little matter of all the revenue from the acts now signed to his record label and I start to get lost at the potential income. All I do know is that the other day the entire top 10 were either acts that were signed to Cowell or had appeared on X Factor within the last few weeks. With that sort of power it looks like X Factor will be here for a long while yet. So have a good Christmas dear readers, Mr Cowell definitely will.
ITV has had a terrible time of it over the last few years. It has seen revenues decline and decline and it took over 7 months to find a new chairman with many drop outs despite an astronomical salary on offer. However its new Chairman, ex Asda boss Archie Norman, must be now looking forward to his Christmas turkey thanks to the success of this year’s X Factor. The reason behind all of this, as with everything, is money and in this case advertising revenue.
The final of the X Factor in the UK this year was expected to generate £20 million of ad revenues for ITV, yes £20 million just for the final. Spot rates for the final were an alleged £250,000. Overall the X Factor is expected to have generated over £100 million for ITV this year.
However whichever way you look at it the overall winner always has been and always will be the man on the end with the waxed chest. Yes the big winner is always Simon Cowell. Cowell’s appearance fee’s alone for the series are estimated around the £5m mark. He is also the major owner of the format and gets paid for that and through his production company Syco he is also paid for production fees. This adds another estimated £2million. So his personal take home from this year’s X Factor is estimated at £7million. However this is small potatoes compared to his US deal where he is lead judge on American Idol. This is a reputed $125 million (£75m) for the next two series.
This of course is just part of the his total incomes, add in Britain’s Got Talent and the little matter of all the revenue from the acts now signed to his record label and I start to get lost at the potential income. All I do know is that the other day the entire top 10 were either acts that were signed to Cowell or had appeared on X Factor within the last few weeks. With that sort of power it looks like X Factor will be here for a long while yet. So have a good Christmas dear readers, Mr Cowell definitely will.
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